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Company: DarwinBox

HRtech Startup Darwinbox Enters Unicorn Club With $72 Mn Funding Summary Darwinbox is a cloud-based HRtech startup that caters to companies’ HR needs It plans to deploy the freshly infused funds towards fueling its global expansion, product development, and hiring talent across multiple teams The global HRtech market was valued at $22.89 Bn in 2020. It is projected to grow from $24.04 Bn in 2021 to $35.68 Bn in 2028 HRtech startup Darwinbox has raised $72 Mn in a funding round led by Technology Crossover Ventures (TCV). With this capital infusion, the startup’s valuation crossed the $1 Bn mark, making it the third Indian unicorn minted in 2022.

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